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GOP Finally Discovers Obama's Achilles Heel: Just Let Him Do What He Does... And Encourage It!

Tyler Durden's picture


Two weeks ago when discussing the latest lunacy surrounding America's exponential curve #1 also known as its debt balance, we suggested what the GOP election strategy should be: "[if] the debt ceiling becomes a sticking point at the election, Obama's chances of reelection plunge. Which makes us wonder - will Republicans grasp that the paradox of defeating Obama is precisely in giving him a carte blanche on all the stimulus programs he wants? Because if Congress approves another $200, 300 or even $400 billion in stimulus pork (the only thing better than one Solyndra? One thousand Solyndras!) the Treasury will drown in the need to raise hundreds of billions more, and will in fact hit the ceiling well in advance of the elections. As for the stimulus projects themselves, they will crash and burn just like all centrally planned endeavors, and actually result in a far worse outcome than if they had never been attempted. [Because] the best way to finally get back to a fiscally prudent regime? Why go to town, of course." We were delighted to discover that our policy anti-recommendation has finally been adopted. Because as the WSJ reports when it comes to the latest payroll tax extension we find something quite stunning: "House Republican leaders said Monday they would introduce a bill extending the payroll-tax break for the rest of the year without finding spending cuts to offset the program's cost. The proposal marks a major shift for Republicans, who previously had insisted that the costs of extending a trio of provisions expiring at the end of the month be offset with spending cuts." That's right - no offsetting spending cuts. Which means one thing - much more debt.  How much more? At least $160 billion much. Which means that the debt ceiling discussion will hit not in November as we speculated previously, but potentially as soon as September.

It also means that by the time the GOP candidate is debating Obama the primary topic of discussion will be just how much the Administration is plundering from government retirement and pension accounts to keep the country under the latest and greatest (and just upwardly revised) $16.4 trillion debt ceiling.

Stone McCarthy has the following estimate on the cost of the program:

We've heard reports that the cost of extending all of the provisions is about $160 billion, although we've seen no official scoring. That figure is in the right ballpark, based on CBO's scoring of the two-month extension passed last December.


The following table provides an estimate of extending the provisions for 10-months based on a simple extrapolation of the two-month cost. Based on that calculation, extending the payroll tax cut for 10 months would cost $105.0 billion, and add a like amount to the deficit if it's not offset.

And some more on this shocking change in strategy by the GOP:

Lawmakers agreed at the end of 2011 to extend the payroll-tax break, federal jobless benefits and a measure to reimburse doctors for treating Medicare patients for two months. A bipartisan group of 20 lawmakers has been working to find an agreement to extend the provisions for the rest of the year, but have been struggling to agree on ways to offset the cost of the programs, about $160 billion in total.


The GOP leaders said in their statement Monday that since Democrats hadn't agreed to their proposed spending cuts, House Republicans plan to "introduce a backup plan that would simply extend the payroll-tax holiday for the remainder of the year while the conference negotiations continue regarding offsets, unemployment insurance, and the 'doc fix.' "


Over the weekend Republican negotiators had proposed extending the payroll-tax break for 10 months without finding ways to offset its cost, though the GOP still wanted the federal jobless benefits and doctor's reimbursement measure to be balanced with spending cuts, aides from both parties said.

If we are correct, and if indeed this "major shift" in GOP tactics is predicated by finally grasping that the only way to let Obama blow himself up is to do precisely what he is doing and in fact to encourage him to spend, spend, spend, watch for the GOP to fundamentally change their approach to everything and to encourage hundreds of billions in idiotic fiscal programs which will achieve nothing at all, but merely send the US debt to previously unseen stratospheric heights at an exponential rate in virtually no time at all.

And here is the official GOP statement:

Boehner, Cantor, McCarthy Statement on Payroll Tax Cut Conference Negotiations

House Speaker John Boehner (R-OH), Majority Leader Eric Cantor (R-VA), and Majority Whip Kevin McCarthy (R-CA) today released the following statement on the status of the payroll tax cut conference negotiations:

“We support the work of our conference negotiators and continue to support a responsible resolution that extends current payroll tax relief, reforms and extends unemployment insurance, and includes a Medicare ‘doc fix.’  Republicans have attempted to reach an agreement and negotiated in good faith for months, and we will continue to do so.  Unfortunately, to date, Democrats have refused virtually every spending cut proposed – insisting instead on job-threatening tax hikes on small business job creators – and with respect to the need for an extension of the payroll tax cut, time is running short.

“Because the president and Senate Democratic leaders have not allowed their conferees to support a responsible bipartisan agreement, today House Republicans will introduce a backup plan that would simply extend the payroll tax holiday for the remainder of the year while the conference negotiations continue regarding offsets, unemployment insurance, and the ‘doc fix.’  If Democrats continue to refuse to negotiate in good faith, Republicans may schedule this measure for House consideration later this week pending a conversation with our members.  Democrats’ refusal to agree to any spending cuts in the conference committee has made it necessary for us to prepare this fallback option to protect small business job creators and ensure taxes don’t go up on middle class workers.

“This is not our first choice.  Our goal is to reach a responsible agreement in conference.  But in the face of the Democrats’ stonewalling and obstructionism, we are prepared to act to protect small businesses and our economy from the consequences of Washington Democrats’ political games.”


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Mon, 02/13/2012 - 17:03 | 2155085 Stoploss
Stoploss's picture

The scary part is it's taken them 4 years to figure that out.

Mon, 02/13/2012 - 17:13 | 2155125 ShankyS
ShankyS's picture

And que TD's call at a Congressional hearing in 5..4..3.....

Mon, 02/13/2012 - 17:20 | 2155150 redpill
redpill's picture

It's all the same game. People even get hung up on terms like fascism or socialism, if it's "extreme left" or "extreme right."  They are all nothing but rhetorical means to an end.  Next time it will be called something else.  What it gets called is meaningless, the actions of government are always the same.  They take more and more until they have it all, and then try to hold on to it all for as long as possible.

Mon, 02/13/2012 - 17:27 | 2155190 trav7777
trav7777's picture

this is a great plan by the WSJ!!!

It's like letting your kids burn the house down to show them how foolish it is to play with matches.  It's all about being able to say "I told you so" when you are shivering under the overpass.

Mon, 02/13/2012 - 17:30 | 2155210 riphowardkatz
riphowardkatz's picture

You gotta hit rock bottom before you can begin the road to recovery. Bring on the bottom!

Mon, 02/13/2012 - 17:47 | 2155288 JW n FL
JW n FL's picture

Abraham Lincoln Vampire Hunter Trailer


its not fr from the truth.. given the fact that Abe fought off the Vampire Bankers at his back!

Mon, 02/13/2012 - 17:53 | 2155316 markmotive
markmotive's picture

It's the same 'ol story. Politics trumps economics...leading to an ultimate currency collapse.

Mon, 02/13/2012 - 19:46 | 2155707 economics1996
economics1996's picture

Plan on the bankrupcy of the federal government by 2018 at the latest.  By that I mean there will not be a federal government, only a few remaining thugs.

Mon, 02/13/2012 - 23:32 | 2156333 Breaker
Breaker's picture

"Plan on the bankrupcy of the federal government by 2018 at the latest.  By that I mean there will not be a federal government, only a few remaining thugs."

So the only difference between now and 2018 is there will be fewer thugs?

Tue, 02/14/2012 - 01:08 | 2156473 Clinteastwood
Clinteastwood's picture

Ah yes, the law of unintended consequences for the arrogant.  The most terrible thing about God is that he will let you have your own way.

Mon, 02/13/2012 - 18:52 | 2155523 jekyll island
jekyll island's picture

Good old Abe was unable to fight off the vampire bankers actually.  The Civil War ushered in the change to a Federalist society and paved the way for central banking as we have come to know and love.  Lincoln needed the money to pay for the war so had to climb in bed with the bankers, kinda tarnishes his legacy, but he did what he thought he had to do to keep the US from splitting in two.

Mon, 02/13/2012 - 23:04 | 2156277 BigJim
BigJim's picture

that page gives you a flavour of the man behind the 'honest Abe' myth... google some more and you'll see he only cared about preserving the Union, at any cost. He didn't give a damn about slavery, only about protecting the interests of his corporate masters.

Mon, 02/13/2012 - 17:33 | 2155224 A Lunatic
A Lunatic's picture

Yes, and it makes me feel all warm and fuzzy and represented.



Mon, 02/13/2012 - 17:59 | 2155342 Silver Bug
Silver Bug's picture

Obama is shooting himself in the foot everyday. Ron Paul is our choice. Ron Paul 2012!

Mon, 02/13/2012 - 18:53 | 2155527 FrankDrakman
FrankDrakman's picture

He may be shooting himself in the foot, but he's going to shoot everyone else in the mouth first...


"The Secretary shall develop oral healthcare components that shall include tooth-level surveillance"

Mouth drones, bitchez!


Mon, 02/13/2012 - 20:07 | 2155824 eatthebanksters
eatthebanksters's picture

he's already shot his mouth off...

Mon, 02/13/2012 - 18:57 | 2155544 EmileLargo
EmileLargo's picture

The comparison of Obama to a kid trying to play with matches is quite apt. 

Mon, 02/13/2012 - 22:14 | 2156171 MarketWatchTerrorist
MarketWatchTerrorist's picture

There was actually some discussion of that sort being bantered about the White Supremacist community back in 2007/2008.  The idea was to help elect the nigger and let him inevitably fuck the country up so bad that it collapsed and whites could seize their homeland in the Pacific North West.


So far so good, as far as that goes.

Tue, 02/14/2012 - 05:45 | 2156743 EmileLargo
EmileLargo's picture

A classic example of Obama not capable of being criticised because he's black. As racist a position as those taken by white supremacists.

The problem with Obama is not that he is black, his problem is that he understands almost nothing about how the economy works and has spent his whole life as an activist and an academic. He is completely at the mercy of whicever set of advisers he is surrounded by. 

Mon, 02/13/2012 - 17:56 | 2155324 mayhem_korner
mayhem_korner's picture

People even get hung up on terms like fascism or socialism, if it's "extreme left" or "extreme right."


I wonder if, when the SHTF, the looters and shooters will ask anyone what camp their in.

Mon, 02/13/2012 - 18:50 | 2155516 Stack Trace
Stack Trace's picture

When a man is hungry enough political affiliations do not matter.

Mon, 02/13/2012 - 17:14 | 2155130 smb12321
smb12321's picture

LOL - I'm not even sure why the GOP tries any more   They know - as does the world - that all their talk will affect the debt at most a few percent.  The funny thing about bankruptcy is that while it is inevitable it is never predictable.  I can see deficits of over $20 trillion with idiots still snatching treasuries at 1%.  WHen it hits, it will hit hard.

Mon, 02/13/2012 - 17:28 | 2155193 trav7777
trav7777's picture

you calling the FRBNY idiots?  'Cuz they are the only ones buying.

Mon, 02/13/2012 - 17:38 | 2155248 Alea Iactaest
Alea Iactaest's picture

People talk about parabolic balance sheet expansion, ZIRP4EVA and QE3 as examples that "the Fed doesn't know what it's doing." I think the Fed knows exactly what it's doing.

People say that debts that can't be paid back won't be paid back. Well what if this isn't about repayment?

Forget all the economics you've been taught, you're about to enter the Twilight Zone.

What if the plan is to get sovereigns so deeply in debt to the central banks that the only way out is to follow the Greek model of acquiescence and austerity? No debt jubilee for you...

If this is the goal then it makes sense to be the buyer of last resort and take on all assets, toxic and otherwise, as they all represent a claim on ownership. (Not like anything is being purchased with real monie.) Forget the payback, all your serfs are belong to us!

Bow down to your new masters (same as the old ones)!

Mon, 02/13/2012 - 17:47 | 2155291 LetThemEatRand
LetThemEatRand's picture

And the Red team and Blue team can then fight each other in the FEMA camps over whose fault it was (between the Red Team and Blue Team).   It's a floor wax AND a desert topping....

Mon, 02/13/2012 - 19:53 | 2155771 harposox
harposox's picture

Holy Jesus, Alea! You're like a kernel of truth adrift in the sands of stupidity. This is indeed the plan, as I see it.

Mon, 02/13/2012 - 18:57 | 2155543 jekyll island
jekyll island's picture

Calling NY Fed idiots would be stupid.  US taxpayers are the idiots, we are the bagholders that are allowing them to do this.



Tue, 02/14/2012 - 01:15 | 2156488 HardAssets
HardAssets's picture

Who cares what the politicians in the GOP or Dem party do?  Theyre all exactly the same, a bunch of paid off thieves helping their bosses steal everything they can before it all comes crashing down. Except for Ron Paul, there's not a bit of difference between any of them. The American public is too dumbed down to vote for Paul in enough numbers, so we're in deep trouble.

Oh well, - - -eat, drink, and be merry, for tomorrow . . . . is really gonna suck Big Time.

Mon, 02/13/2012 - 17:20 | 2155153 Gully Foyle
Gully Foyle's picture

Tingo (Pascuense)

To borrow from a friend until he has nothing left.

Mon, 02/13/2012 - 18:33 | 2155454 CrashisOptimistic
CrashisOptimistic's picture

Geithner can again hit the retirement accounts to keep the ball rolling past November.  This strategy will fail.

Mon, 02/13/2012 - 17:21 | 2155160 macholatte
Mon, 02/13/2012 - 17:28 | 2155195 trav7777
trav7777's picture

what black person didn't?

Mon, 02/13/2012 - 17:48 | 2155296 francis_sawyer
francis_sawyer's picture

round where I drive... When you see an 'Obama '08' bumper sticker...


Mon, 02/13/2012 - 18:10 | 2155379 FEARTHESHARK

Right, and every southern, white Republican is a racist who voted for McCain because they'd never vote for a black guy, is that it?  You're a dick.

Mon, 02/13/2012 - 18:33 | 2155448 bob_dabolina
bob_dabolina's picture

Mccain didn't get 94% of the white vote...

The BLACKS made it about race....vociferously so, as Samuel L. Jackson at least had the balls to say it, instead of some bullshit falsehood platitude like "I voted for him because he's a great guy not cause he's black" 

Could you imagine what would have happened had Mccain received 94% of the white vote? 

Mon, 02/13/2012 - 18:44 | 2155496 LetThemEatRand
LetThemEatRand's picture

Yes.  Anyone who would "never vote for a black guy" is pretty much by definition racist.   I think the more appropriate question is whether it is really racist for a black person in America to want a black guy as President.  It's no different from a Texan wanting a Texan in the Whitehouse -- shared experience, common viewpoint, etc.   It was also historic -- an ethnic group that was subjected to slavery and who suffered open segregation just a couple of generations ago, now putting their first group member into the highest office.  It doesn't take a racist to want to do that.   Most black people have experienced racism in their lives, and it also is reasonable to assume that a black president would do more than a white president to address those issues.  Wrong, but reasonable.   Pure self-interest.   I'd also venture to say that most black persons who voted for Obama who have voted in the past, voted for a white guy (or woman) before they voted for Obama.  Whereas the racist white guy in your example would NEVER vote for a black guy.  This is just another one of those issues that creates great talk radio for the idiot listeners who gobble this kind of shit up with a spoon.

Mon, 02/13/2012 - 19:05 | 2155597 trav7777
trav7777's picture

most PEOPLE have experienced racism in their lives.  If blacks have experienced racism it is at the hands of mexicans or other blacks, not whites.

The VAST majority of whites aren't racist; just witness how savage they become if you disturb their little insane racial orthodoxy.  On the other hand, among other races, racism is overt and unapologetic.  It's because they have been convinced by the same racial orthodoxy that it is IMPOSSIBLE BY DEFINITION for them to be racist.

They will argue to the point of violence over this and YOU are a racist for disputing it.

Blacks CLAIM they experience racism because they attribute their lack of success as as a result of some sinister, unseen racism.  I take nothing for a given, so you need to prove your shit about blacks experiencing racism or else it is just more racial orthodoxy bullshit.

Mon, 02/13/2012 - 20:23 | 2155878 LetThemEatRand
LetThemEatRand's picture

"If blacks have experienced racism it is at the hands of mexicans or other blacks, not whites."

I'm sorry, but that's probably the most ridiculous statement I have ever seen on this site.  I completely agree with that racism is not limited to whites and that there are many hypocrites in the world, but the idea that racism is now confined to everyone but whites is simply laughable.   You are a joke.  You are so completely immersed in your ideology that you couldn't see a racist white person if he came at you with a white hood on his head.  You'd probably say that he just likes wearing pillows and that in any event he is just a victim of reverse racism so he has no choice but to burn crosses and stuff.   

"Blacks CLAIM they experience racism because they attribute their lack of success as as a result of some sinister, unseen racism."  All of them, huh?   Now, what is the definition of racism again?    

Mon, 02/13/2012 - 19:01 | 2155563 trav7777
trav7777's picture

I have no fuckin clue where in the hell you came up with this shit.

The country is 70% white...Muhcane had nowhere near a landslide majority of the white vote.

Mon, 02/13/2012 - 19:56 | 2155662 Max Fischer
Max Fischer's picture



.....what black person didn't?

The number of blacks that voted for Obama solely because he's black is probably not much different than the number of whites that voted against him because he's black, too. The argument is a wash, at best....lots of racists, bigots and rednecks in this country. Kentucky fried Amuurica.


Sat, 05/26/2012 - 02:13 | 2464679 Max Fischer
Max Fischer's picture



Bill Maher 5/25

Mon, 02/13/2012 - 17:35 | 2155234 nodhannum
nodhannum's picture

The Klan with the tan!

Mon, 02/13/2012 - 18:25 | 2155431 10mm
10mm's picture

When the country one day has a real black president,i mean 100% African American,he or she will say "Now im The First Real Black President".And if im around,ill gleefully smile and agree.

Mon, 02/13/2012 - 19:06 | 2155607 trav7777
trav7777's picture

that would be a very dark day in this country's history, given the abysmal failure of black leadership the globe over.

Tue, 02/14/2012 - 03:38 | 2156653 respect the cock
respect the cock's picture

What about the coach of the Pittsburgh Steelers?

Mon, 02/13/2012 - 22:16 | 2156178 MarketWatchTerrorist
MarketWatchTerrorist's picture

I voted for McCain because he's white.  Oh, that makes me a horrible racist that should be murdered in the eyes of the main stream media and contemporary American culture.


Hence why I do not watch TV, tired of seeing white women paried with niggers in every commercial and on every show.  Too bad 99.99999% of women are too fucking stupid to do anything other than what the TV tells them.

Mon, 02/13/2012 - 23:00 | 2156266 tarsubil
tarsubil's picture

So your fat girlfriend ran off with a black dude. Hey, buddy, it is her loss.

Tue, 02/14/2012 - 01:52 | 2156543 MarketWatchTerrorist
MarketWatchTerrorist's picture

Well actually it went like most relationships involving black men go.


He gave her 3 STDs, ran off after she was pregnant, got back with her a year later then beat her into a coma after he got drunk on malt liquor and she said something he didn't like, then some warrants caught up with him and he's currently serving 5 years in the state prison.


Even Obama's father ran off on his mother.  The hilarity is not lost on me.

Mon, 02/13/2012 - 17:25 | 2155179 ACP
ACP's picture

Only took them 3 years to catch on.

Mon, 02/13/2012 - 17:32 | 2155219 SheepDog-One
SheepDog-One's picture

90% at least would still vote for ObaMao today I have no doubt.

Mon, 02/13/2012 - 17:25 | 2155182 WillyGroper
WillyGroper's picture

Wonder why they didn't get it in the 8 yrs. of the Bush admn?

Mon, 02/13/2012 - 17:39 | 2155250 battle axe
battle axe's picture

And the really scary part is, this idiot might get re-elected.  OK, if that doesn't give you nightmares then nothing will..

Mon, 02/13/2012 - 19:04 | 2155579 jekyll island
jekyll island's picture

In a paradoxical way, reelecting Obummer is probably the fastest way to bring an end to the pain and start the transition away from corrupt politicians and their controlling bankers.  The politicians will not commit career suicide by doing what is needed, hell look at Greece for a glimpse into our future.  The system has to crash and break so even the entitlement camp, the 50% who do not pay taxes, finally realizes current leaders must go (preferably to jail), we default on our debt and start over, without the global reserve currency. 

Mon, 02/13/2012 - 18:21 | 2155422 Karl von Bahnhof
Karl von Bahnhof's picture

Bullish! DOW 36000!

Mon, 02/13/2012 - 22:30 | 2156213 Buck Johnson
Buck Johnson's picture

I know, but I think they where trying other ways and it didn't work.  So they see this and say lets have him spend and spend.

Mon, 02/13/2012 - 22:30 | 2156214 Buck Johnson
Buck Johnson's picture

I know, but I think they where trying other ways and it didn't work.  So they see this and say lets have him spend and spend.

Mon, 02/13/2012 - 17:06 | 2155086 EscapeKey
EscapeKey's picture

Billion, trillion, who's counting?

%OPPOSITION% Finally Discovers %INCUMBENT%'s Achilles Heel: Just Let Him Do What He Does... And Encourage It!

Because Bush did such a stellar job on the economic front. Just ask Paul O'Neill. Not that it matter much what either the left or right wing of the Wall St party does.

Mon, 02/13/2012 - 17:07 | 2155102 Conrad Murray
Conrad Murray's picture

Hang them all. In fact, dig up the dead ones and hang them too for good measure.

Kodos 2012!

Mon, 02/13/2012 - 17:04 | 2155087 francis_sawyer
francis_sawyer's picture

He's so damn ENCOURAGE-able!

Mon, 02/13/2012 - 17:05 | 2155094 Conrad Murray
Conrad Murray's picture


Mon, 02/13/2012 - 17:28 | 2155194 GenX Investor
GenX Investor's picture

Perfekten Schlagen!!!

Mon, 02/13/2012 - 17:07 | 2155098 Cdad
Cdad's picture

Exponential debt, bitchez!

Mon, 02/13/2012 - 18:26 | 2155433 shuckster
shuckster's picture

Compound interest on exponential debt...

Mon, 02/13/2012 - 17:07 | 2155100 azzhatter
azzhatter's picture

the sooner we bring this pig to it's knees the sooner we can start over. Let President Fuckwad have whatever he wants

Mon, 02/13/2012 - 17:23 | 2155143 Manthong
Manthong's picture

In a perverted way, Summers and Krugmen are right.

The only way to solve a debt problem is with more debt.

Same thing with drugs.. ask Whitney Houston.

Oh, wait..

Mon, 02/13/2012 - 18:11 | 2155384 FEARTHESHARK

We tried this already.  2001 through 2009.  How did that work out?

Mon, 02/13/2012 - 17:08 | 2155104 Corn1945
Corn1945's picture

I hope I'm dead when this Ponzi implodes.

Mon, 02/13/2012 - 17:11 | 2155114 francis_sawyer
francis_sawyer's picture

First 'Administration' that I can ever remember where I hear talk from people wishing they were DEAD (truth)...

Hey, what can I say to that? 4 more years!


Mon, 02/13/2012 - 17:52 | 2155311 mayhem_korner
mayhem_korner's picture



During those days people will seek death but will not find it; they will long to die, but death will elude them. (Revelation 9:6)

Mon, 02/13/2012 - 17:59 | 2155340 francis_sawyer
francis_sawyer's picture

well what can I say? 4 more years for them too...

Mon, 02/13/2012 - 17:41 | 2155257 gaoptimize
gaoptimize's picture

I'm sure a lot of deer were thinking similiar things as the 1988 wildfires in Yellowstone raged.  You will want to see the otherside of the Ponzi collapse.

Mon, 02/13/2012 - 17:09 | 2155106 Let them eat iPads
Let them eat iPads's picture

Santorum surge, bitchez.

Mon, 02/13/2012 - 17:13 | 2155127 Conrad Murray
Conrad Murray's picture

Hopefully out of a window and straight towards a tree chipper.

Mon, 02/13/2012 - 17:21 | 2155158 A Nanny Moose
A Nanny Moose's picture

feet first. make it last.

Mon, 02/13/2012 - 17:21 | 2155162 Let them eat iPads
Let them eat iPads's picture

Mittney's dead.

Mon, 02/13/2012 - 17:09 | 2155107 TheArmageddonTrader
TheArmageddonTrader's picture

I'm not usually the type to overanalyze or conspiracy-theorize, but the utter ridiculousness of the Republican effort against such an obviously beatable incumbent has me thinking that they don't want to win.

I guess they know the shit-storm is coming and would rather not be anywhere near a position of responsibility when it comes.

Mon, 02/13/2012 - 17:16 | 2155138 smb12321
smb12321's picture

They had a chance to nominate someone who could be effective in debating the annointed one. But Christy or Daniels or Ryan refused to run so we're left with the leftovers.  I agree - it's a death wish.

Mon, 02/13/2012 - 17:32 | 2155217 Dr. Richard Head
Dr. Richard Head's picture

What?  If by debate you mean take minor rhetoric differences and blow them up to be some sort of monumental this or that?  All the while having nothing to do with the fundamental problem of fiat ponzi money.  If so, then I guess you are right.

Mon, 02/13/2012 - 17:42 | 2155260 Alea Iactaest
Alea Iactaest's picture

Why would you want to 'win' if you knew federal debt would be >130% of GDP when you stand for re-election in 2016? Anyone with any brains is getting out of the way of this trainwreck.

Mon, 02/13/2012 - 17:47 | 2155292 perelmanfan
perelmanfan's picture

Agree. Sheeple so dumb they'll blame whoever happens to be in the White House for an inevitable shitstorm that's been brewing for the last 50 years. Excellent position to wish upon your worst enemy...


Mon, 02/13/2012 - 19:06 | 2155600 Cathartes Aura
Cathartes Aura's picture

genuine question:

how does this point of view factor in to voting for RPaul?

Mon, 02/13/2012 - 22:14 | 2156167 StychoKiller
StychoKiller's picture

Let yer conscience be yer guide...

Mon, 02/13/2012 - 17:19 | 2155148 Mitzibitzi
Mitzibitzi's picture

Same thing in the UK. OK, Labour are bloody useless, but the Milliband brothers are clearly not as stupid or inept as they're trying to make out. I smell a rat, and it's a big one cos it's the same one you guys smell, I reckon.

Mon, 02/13/2012 - 17:31 | 2155214 The_Emperor
The_Emperor's picture

Man everything is a conspiracy :)

Mon, 02/13/2012 - 17:10 | 2155112 roadhazard
roadhazard's picture

Tea Party sez, NYET.

Mon, 02/13/2012 - 17:11 | 2155115 PulpCutter
PulpCutter's picture

Solyndra: $500 million

Getting Iraq's oil for Cheney's oil buddies: $1,000,000 million,  1 million Iraqi casualties.  No-bid contract for Halliburton.  And we STILL didn't get the oil

Yeah, Obama is just the same thing as Bush.  Except Bush was 4 orders of magnitude worse.



Mon, 02/13/2012 - 17:27 | 2155186 A Nanny Moose
A Nanny Moose's picture

If you believe Solyndra was all...well, I've got a high speed rail in California to sell you. Never used. Tip of the iceburg sunshine.

The O'Bamabot is just spraying bullets with the machine gun in the hopes of actually hitting a target.

Mon, 02/13/2012 - 18:13 | 2155392 FEARTHESHARK

As opposed to just cutting taxes and hoping a rich guy will create a job?  Or invading a country and hoping to find some kind of threat once you get there?  Your inability to recall recent history is shocking.

Mon, 02/13/2012 - 17:30 | 2155208 trav7777
trav7777's picture

give 'bama time, dude...

Mon, 02/13/2012 - 17:38 | 2155249 nodhannum
nodhannum's picture

Ok, you can now go back to the DU to praise your annointed one.

Mon, 02/13/2012 - 17:54 | 2155320 francis_sawyer
francis_sawyer's picture

Yeah, Obama is just the same thing as Bush

Not exactly...

Jeff Spicoli (Sean Penn) hated Bush & adores the 'elegant man'

Mon, 02/13/2012 - 19:07 | 2155613 trav7777
trav7777's picture

most in hollyweird are mudsharks

Mon, 02/13/2012 - 17:56 | 2155328 Financial_Guard...
Financial_Guardian_Angel's picture

4 orders of magnatude would be 10,000 times worse.

Hyperbole much? Obama's debt increase cost us plenty. Bush wasn't the greatest, but not 10k worse. Try again.

Mon, 02/13/2012 - 18:02 | 2155353 francis_sawyer
francis_sawyer's picture

what's that fucking thing thing from "Team America' again?

"It's 9/11 only 10x worse!"

Oh. so it's "9,110"!

Mon, 02/13/2012 - 23:38 | 2156350 Breaker
Breaker's picture

"...what's that fucking thing thing from "Team America' again?"

My favorite is: 

Girl: "Promise me you'll never die."

Boy: "I will never die."

Then they sleep together.

That's pretty much the level of fantasy the world economic system is at today. At least the promiser in the movie got what he wanted.

Mon, 02/13/2012 - 18:00 | 2155345 earnyermoney
earnyermoney's picture

Know the breakdown of those 1 million Iraqis? What's the ratio of dead Shite ,"bad muslims"  to Sunni ,"good muslims"? Notice how Obama is encouraging Sunni terrorists, Al Qaeda, against the evil Shites? There will be more than a million dead Syrians after Obama's done with Syria.

Mon, 02/13/2012 - 17:11 | 2155116 undercover brother
undercover brother's picture

ah, politics. 

Mon, 02/13/2012 - 17:11 | 2155118 monopoly
monopoly's picture

Let the games begin.

Mon, 02/13/2012 - 17:11 | 2155119 Piranhanoia
Piranhanoia's picture

Wow, do you think that the three branches of government are each trying to destroy our nation from within while violating their constitutional oath of office?   Do you think they are taking money from foreign governments and private citizens of various nations to create law for those persons or nations benefit and that a trade involving something of value is taking place?



Mon, 02/13/2012 - 17:23 | 2155169 Mitzibitzi
Mitzibitzi's picture

Indeed I do. But I'm not convinced that this is entirely about the oil, because very little seems to have flowed from Iraq towards the US/UK.

Mon, 02/13/2012 - 19:11 | 2155628 Cathartes Aura
Cathartes Aura's picture

works better when you use the wide-angle global lens.

Mon, 02/13/2012 - 18:15 | 2155403 boattrash
boattrash's picture

Is that not a crime that still allows the death penalty, by law?

Mon, 02/13/2012 - 17:12 | 2155120 vote_libertaria...
vote_libertarian_party's picture

I don't know...that campaign slogan just doesn't work:


Vote Republican...we spand as much as Obama

Mon, 02/13/2012 - 22:20 | 2156187 MarketWatchTerrorist
MarketWatchTerrorist's picture

"Flip a coin and vote, it doesn't matter either way."


The only importance of American elections is that it shows that the American oligarchy and political elite rule with the consent of those they govern.  Voting for ANY candidate is giving tacit approval to ANY action taken by the government.  You are consenting to their rule by participating in their political system.

Mon, 02/13/2012 - 17:12 | 2155122 taniquetil
taniquetil's picture

From Bloomberg, Odummer has a brilliant new plan to save the USPS.


Cut weekend service, and raise rates.


Does that sound retarded to anyone else except me?


Hey idiot, how's about you stop paying post office mailroom clerks government salaries and government pensions. Do you honestly think the way to save the USPS is to give even MORE business to FedEx and UPS?

Mon, 02/13/2012 - 17:24 | 2155176 PulpCutter
PulpCutter's picture

The Post Office has a legally-required set of services.  FedEx & UPS just perform the services they can make the most money on.  Understand the difference? 

You would, if you'd ever lived in a rural area, and expected FedEx to (even vaguely) deliver on their "when it absolutely, positively has to be there overnight" promise.  USPS is there every day, as agreed to.  With FedEx and Airborne, some old guy (private contractor) in a Chevette shows up a week late, or a drunk kid in a Camaro shows up at 1PM the next Sunday morning, etc..   (I've had both happen)

Mon, 02/13/2012 - 17:37 | 2155246 riphowardkatz
riphowardkatz's picture

Glad to know we are providing you those legally required services. Companies that need things to get there use UPS and FedEx not USPS.  

Mon, 02/13/2012 - 18:10 | 2155383 Zymurguy
Zymurguy's picture

Then the charter for the USPS should be altered so that they are only required to provide services where commercial services aren't available.

This fucking mandatory services shit and guaranteed salaries and pensions is what is so fucking wrong with our government.  It's incapable of flexibility and only expands, never contracts.

Mon, 02/13/2012 - 18:16 | 2155409 FEARTHESHARK

"It's incapable of flexibility and only expands, never contracts."


Like Republicans' hatred of Obama from even before his oath of office.

Mon, 02/13/2012 - 19:20 | 2155659 trav7777
trav7777's picture

dude, if they cut USPS employment it would be a blackpocalypse as far as employment.  We need MORE diversity, not less, because diversity is our strength.  Detroit, newark, baltimore, st. louis...diversity, nuff said.

The USPS is a jobs program for blacks as are many gov't agencies.  Everyone must pitch in and sacrifice to right the wrongs of sinister and omnipresent white racism that lurks invisible in every aspect of life.

Mon, 02/13/2012 - 21:42 | 2156109 Max Fischer
Max Fischer's picture



I've never seen someone so obsessed with racism and white supremacy in all my life.


Tue, 02/14/2012 - 07:45 | 2156802 Colonial Intent
Colonial Intent's picture

It's sypmtomatic of penis envy, it doesnt matter what size the average black penis is, trav is convinced his is smaller...............

Funny thing is people like trav are all for eugenic master race solutions until they realise they are at the bottom of the gene pool not the top.

Seem's to be a lot more of these racist's posting crap on ZH lately.........

And some of the commenters are a little racist too,

Like trav7777.


Mon, 02/13/2012 - 21:01 | 2155990 Archon7
Archon7's picture

HAhahah... all that will do is give postal workers weekends off.  They'll still get paid the same.  BTW, does anyone here still use the postal service?  All my bills are paid electgronically.  I send emails when I want to catch up with friends and family.  The only thing the postal service seems to be good for these days is delivering junk mail.

Mon, 02/13/2012 - 22:21 | 2156194 MarketWatchTerrorist
MarketWatchTerrorist's picture

The average USPS employee makes $45 an hour and retires with a pension after 30 years.

Mon, 02/13/2012 - 17:12 | 2155123 ffart
ffart's picture

Now if only someone would adopt the same strategy towards Mitt "Underpants" Romney and Newt "The Grinch" Gingrich and their insane maniacal tirades

Mon, 02/13/2012 - 17:12 | 2155126 Archon7
Archon7's picture

Heck, why not?

Mon, 02/13/2012 - 17:15 | 2155133 LookingWithAmazement
LookingWithAmazement's picture

Indeed. Give Obama a wildcard to make a mess as big as he wants. If it works and "growth" returns, then it's ok for everyone. If not, then Obama will get the blame.

Mon, 02/13/2012 - 19:18 | 2155648 francis_sawyer
francis_sawyer's picture

As if fucking Obama even understands whether he's making a mess or not...

3 years later & everyone STILL hasn't figured out that the his job qualifications are none other than 'community organizer' (& it's likely he wasn"t even qualified to do that)...

You think Obama sits around the White House worrying about if he's fucking things up or not? All he does is putt ball into a crystal cup and wait for his teleprompter speeches to be delivered...

Mon, 02/13/2012 - 17:16 | 2155139 Stuck on Zero
Stuck on Zero's picture

In answer to your question I refer to the fencing expression: "The lunge of two widows."  It basically means that you are so determined to kill your enemy that you end up killing him and impaling yourself on his sword.  I believe that Republicans and Democrats are practicing this now.

Mon, 02/13/2012 - 17:45 | 2155279 A Lunatic
A Lunatic's picture

 This could be done a LOT cheaper.

Mon, 02/13/2012 - 17:23 | 2155141 Mercury
Mercury's picture
GOP Finally Discovers Obama's Achilles Heel: Just Let Him Do What He Does... And Encourage It!   ....Better yet, adopt my strategy and support his re-election in an effort to bring about the inevitable great collapse/reset sooner rather than later. GOP big government-lite ain't the answer.
Mon, 02/13/2012 - 17:47 | 2155287 Alea Iactaest
Alea Iactaest's picture

This assumes you actually are going to vote. Tool.

Tue, 02/14/2012 - 09:40 | 2156978 Mercury
Mercury's picture

Oh, I'll see you there.

Vote GOP if you must but just realize that this situation is not particularly unique.  Today in the UK for instance the difference between the "conservative" and the "liberal/labor" parties amounts to narrow disputes over things like whether the VAT should be 22% or 23% (or whatever). Their day of reckoning will take take longer (it already has) and be more painful than it might have.

Mon, 02/13/2012 - 21:11 | 2156019 Barbarians_R_Us
Barbarians_R_Us's picture

I might just buy into the "Re-elect Obama to hasten the end" theory if it weren't for one tiny problem. As he -and his Demoncat henchman have shown - they plan to  implement some serious Constitutional-right burning initiatives in the next four years. By the time the great "reset" begins, we'll all be locked in safe rooms in our houses with boarded up windows living off our last-minute grab of prepper supplies. Gun rights-gone, Intenet- gone, local barter- gone, jobs- too dangerous to go to, etc etc etc.


Tue, 02/14/2012 - 09:33 | 2156953 Mercury
Mercury's picture

If that kind of thing happens in a relatively short amount of time, quite a few people will find it alarming and intolerable...and they'll be more likely to do something about it.

To the extent that the GOP platform amounts to "appeasement" -a frog in slowly boiling water and all that- the outcome ten years hence will be much worse I think.

Mon, 02/13/2012 - 17:18 | 2155144 Seasmoke
Seasmoke's picture

i would just play this clip over and over and over

Mon, 02/13/2012 - 17:29 | 2155199 A Nanny Moose
A Nanny Moose's picture

Horseshit is always shovel ready.

Mon, 02/13/2012 - 17:18 | 2155145 JPM Hater001
JPM Hater001's picture

Was it Aesop that wrote something about this or who was that...something about rope ...

Mon, 02/13/2012 - 17:21 | 2155152 Joebloinvestor
Joebloinvestor's picture

So what is wrong with the Republicans DOING FUCK ALL and letting the country drown in OBAMA created chaos?


In some places it is known as ,"I'll show me!".

Mon, 02/13/2012 - 17:23 | 2155171 redpill
redpill's picture

Not defending Republicans because most of them aren't any different, but practically speaking they control the House of Representatives only and the vast majority of what that body passes is DOA in the Senate, and vice versa.  Deadlocked Congress and the two sides have never been so far apart.  So "fuck all" is all they can do.

Which if you think about it, probably isn't all that bad, typically whatever they pass is garbage anyway.  I for one am thankful I don't get nearly all the government I pay for.

Mon, 02/13/2012 - 18:46 | 2155506 CalBear
CalBear's picture

Congress can't even vote on the stuff they AGREE ON!

As for me - I'll take silver and emergency rations 

Mon, 02/13/2012 - 18:07 | 2155374 FEARTHESHARK

The fact that you think Obama created the chaos we currently have show how unbelievably retarded you are.  Were you born in 2009?  Ever heard of Bush?  Ever heard of the greatest financial crisis since the Great Depression?  How would YOU have handled it?  Through austerity?  What a joke.  This board is full of people who know absolutely nothing about public policy. 

Mon, 02/13/2012 - 22:30 | 2156212 Rearranging Dec...
Rearranging Deckchairs's picture

I agree with you and voted you a green arrow but in truth a lot of the seeds of the financial collapse happened in the Clinton years. Remember Larry Summers lobbying Congress not to the let the CFTC regulate derivatives? Remember Glass Steigel getting repealed? etc. And bad things in regards to regulation etc also occured in Bush 2's 8 years.


Blaming one party or one presidetnial administration shows a misunderstanding of the problem. They've all been bought and paid for by the same huge quasi bank financial companies.  Its all Ponzi baby!



Mon, 02/13/2012 - 17:34 | 2155175 bob_dabolina
bob_dabolina's picture

 but merely send the US debt to previously unseen stratospheric heights at an exponential rate in virtually no time at all. which a Republican elected President is blamed for the problem. Cut off the nose to spite the face.

Mon, 02/13/2012 - 17:24 | 2155177 silverserfer
silverserfer's picture


Obama, Bush, Clinton, Regan, they all know what is planned. That is why they all get their debt ceiling increased passed. They are told by their masters to raise it. Its is not of their own will that it is done. Its not their decesion to make.

Mon, 02/13/2012 - 17:30 | 2155187 MikeyKid
MikeyKid's picture

<blockquote>...finally get back to a fiscally prudent regime</blockquote>

I nearly spit... too often the rhetoric is so transparent here.


Mon, 02/13/2012 - 17:32 | 2155218 Tyler Durden
Tyler Durden's picture

Actually, since you seem focused on the "rhetoric" and not on what is being said, here is a translation: the only way to return to normalicy is to have the ponzi cannibalize itself.

Is it clearer now?

Tue, 02/14/2012 - 03:52 | 2156682 The4thStooge
The4thStooge's picture

You just got KO'd by TD. Now you're spitting blood.

Mon, 02/13/2012 - 17:28 | 2155196 JailBank
JailBank's picture

The US has more debt than any other nation in hostory. Why not call Guiness and see what we can really do. Come on America I think if we really put our minds to it $30 trillion is reachable. I will only vote for a politician that ensures he will double our current debt in four years.

Mon, 02/13/2012 - 17:49 | 2155302 Alea Iactaest
Alea Iactaest's picture

I'm voting for anyone who promises to pay my mortgage.



Mon, 02/13/2012 - 18:35 | 2155460 Karl von Bahnhof
Karl von Bahnhof's picture

Mortgages forn free!

Hey! Kids! You will skip this dinner!

Mon, 02/13/2012 - 17:35 | 2155228 SheepDog-One
SheepDog-One's picture

Fuck ObaMao. And fuck the 'GOP' too....this game of 'we'll trick them all into far greater debt, THEN see who is lookin silly!' messes with millions of peoples lives after all. Theyre all guilty of being equally terrible dirtbags, and may they all pay for it.

Mon, 02/13/2012 - 17:36 | 2155238 toadold
toadold's picture

Well when the Ponzi implodes it will hurt a lot. However the sooner it happens the less it will hurt and the sooner the recovery or at least partial recovery.   If the US gets another down grade on its credit rating from S&P and Moody's in 2012 it could very well be the "seal of doom" for Obamay and fiends. (I didn't leave the "r" out). 

Mon, 02/13/2012 - 17:37 | 2155239 SokPOTUS
SokPOTUS's picture

Yep.  If you're gonna burn the house down, you might as well use fire.

Mon, 02/13/2012 - 17:53 | 2155243 Widowmaker
Widowmaker's picture

GOP:  Now THAT is a $787 Billion dollar abortion if I have ever seen one.

What vomit of shame and self interest the lawless GOP has devolved into.


Disclaimer: I WAS Republican for life, except for the W-fuckup-fellowship's decade of deceit and destruction.

Mon, 02/13/2012 - 17:40 | 2155253 Quantitative_Ap...
Quantitative_Appeasing's picture

I support Paul, but at the moment am kind of hoping he does not get the nomination. Reason being I think one of two things would happen if he got elected -

1. TPTB would let the system crash and scapegoat him.


2. He would have some sort of "health" problem or some such very soon after election.

Even with his support growing by leaps and bounds I think there are still too many in the "Free" Stuff Army.

Unless and until uncle sugar's free stuff is shown to be empty promises I don't think the tide will turn.So I've come to the point of wrestling with myself in this election.If Paul is not nominated I am seriously considering voting for the greater evil since we will end the ponzi that much sooner.


I don't see things changing until we hit the wall at 110 mph.




Mon, 02/13/2012 - 17:48 | 2155295 A Lunatic
A Lunatic's picture

Hop in, I'll drive.

Mon, 02/13/2012 - 19:44 | 2155751 Cathartes Aura
Cathartes Aura's picture


Jeff Bridges, Rosie Perez, volvo. . . wall.

(genius, Peter Weir)

Mon, 02/13/2012 - 20:30 | 2155897 Vlad Tepid
Vlad Tepid's picture

Why vote for the greater evil when you can (still) write in Paul's name?  That's what I'll be doing.  At least my conscience will be clear.

Mon, 02/13/2012 - 17:50 | 2155304 silverserfer
silverserfer's picture

"2. He would have some sort of "health" problem or some such very soon after election."

"they" dont give a fuck. If they wanted him dead they would easily do him in like they did to JFK(who by the way was the last president with the balls to stand up to them)

I dont think Ron Paul is the Martyr type.

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